Tag Archives for " Tools of the Trade "

Beyond FOSO: Approaching the Data

In Chris Burgess’ class Beat the Market, he presents three different methodologies or ways to look at or interpret the data you collect. You can take the data-driven approach, which looks at market data and draws logical conclusions and predictions. You can use an event-driven approach that looks at world events and then judges how […]

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Top 5 Favorite Candlestick Patterns

Since the beginning of TradeSmart, students have often asked which candlestick patterns are the best? They may change the question around a little bit to which ones are the most reliable or consistent. Regardless of how the question is phrased, it always comes down to the base question, which is “What’s the best candlestick pattern?” Unfortunately, […]

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Beyond FOSO: A Macro View of the Stock Market

During the 2020 calendar year, most of my TSU blogs covered each session of our Foundations of Stocks and Options core classes. By the time I had completed all three FOSO levels, I had gained a well-rounded understanding of the stock market and trading. I knew what I was looking at when I reviewed a […]

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7 Essential Trading Tools You Must Have

As stock and options trading grows in popularity, it is easier now than ever before to become a trader. And we have a shortlist of seven essential trading tools you need to get started.Start with Education.Knowledge is one of the most important resources a trader needs. Understanding the foundational knowledge of the stock market, why […]

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Interpreting Candlesticks

Candlesticks have risen in popularity and become an integral part of technical trading here in the west within the last fifteen years. The way you interpret candlesticks is one of the most important skills you can develop as a technical trader. In short, a candlestick is a graphical representation of a stock’s price action during […]

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3 Quick Ways to Simplify Your Trading

Over the years, I have seen a trend develop with retail traders. When they begin trading, things are simplistic as they should be since everyone is just getting started. As learning and experience increase over time, complexity is a natural byproduct. Your trade setups become more complex, your strategies and systems become more complex, and […]

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Foundations: The End is Where We Begin Part 3

On April 23rd of 2020, I published my first Foundations of Stocks and Options blog Breaking Down a Stock Chart, which covered class 1 of FOSO Level 1. Since then, I have blogged my way through all twenty-four classes of the Foundations series and covered what I felt was the main takeaway from each class, […]

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Foundations: The End is Where We Begin Part 2

I did a wrap up blog post on the eighth class of the Foundations of Stocks and Options Level 1 series, where I showed all my trades which I placed while taking the Foundations of Stocks and Options Level 1 classes and writing the accompanying blogs. Therefore, it seemed prudent to stick with our philosophy […]

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Foundations: The End is Where We Begin

When I first started writing Stock Market Made Simple, and Foundations of Stock and Options blogs, my understanding of the stock market was passing at best. I had been around Tradesmart University off and on for years but failed to do any actual trading. I knew all the terms and keywords surrounding the stock market, […]

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Foundations: Support and Resistance a Framework for Trading

We first introduced you to support and resistance lines in our Stock Market Made Simple blog, which you can read here. Today, we are going to dive deeper by introducing you to technical analysis as it is taught in Foundations of Stocks and Options Level 1 Class 2.Technical analysis is the study of a stock’s […]

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